Study: 44% of 2011 Alabama Graduating Class in Debt

BIRMINGHAM, Ala. (AP) -- A study show that 44 percent of Alabama's college graduating class of 2011 finished with debt and the average amount was more than $25,000.

Al.com reports the Alabama figure was below the national average of $26,600.

The study by the Project on Student Debt found that the most indebted Alabama students graduated from Alabama A&M. Ninety-five percent of the Class of 2011 had debt, and the average was slightly more than $33,000.

At Auburn University, 47 percent of the graduates had debt, and the average was nearly $24,800. At the University of Alabama, 42 percent of the graduates had debt, and the average was more than $26,700.

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